The Olympics are finally here and there is an unprecedented level of excitement! Like most things in life, except watching movies and online shopping, the games were postponed last year due to the COVID-19 pandemic. Now the wait is over. So let the games begin!
Despite challenges like human rights demonstrations and other key differences like no fans and no family attendance, Olympic athletes from all over the world are anxious and excited to finally have this opportunity to compete for greatness.
In his article Parallels between Entrepreneurship and Sports, Martin Luenendonk says –
Oftentimes, business is referred to as a game, where the winner is the entrepreneur who finds success. In this case, the playing field is the office and the players within the game are the different companies that compete for customers in the industry. Make no mistake – the competition within the ranks of business is just as fierce as on a field, and the antics of business entrepreneurs can be strikingly similar to famous athletes.
There are similarities between the world of entrepreneurs and the world of athletes – parallels that can give direction to business executives who are trying to succeed on the playing field of economics.
1. Passion.
Athletes who succeed in their sport exhibit a passion for their sport. Generally characterized by the person who ‘eats, sleeps and dreams’ about their sport, they are passionate about playing the game they love.
Most entrepreneurs are driven by a passion for their business. It is the force that keeps them burning the midnight oil, working weekends and holidays. A sincere belief that the work they are doing is important can keep the entrepreneur working through rough times.
2. Tenacity.
The athlete who wishes to move beyond the ‘weekend warrior’ status must possess a level of tenacity. Tenacity drives the athlete to continue to train even in the off-season, and to return to the game even after an injury.
When things are going well, it is easy to go to work. The successful entrepreneur, however, continues to work even when things get difficult. When faced with failure, the entrepreneur refuses to give up and will find ways to be successful, despite roadblocks that may occur.
3. Vision.
A successful athlete has a clear vision of themselves as a winner. They can envision the end result of the game – and they have the victory. Regardless of the odds stacked against them, they are single-minded in their vision.
Seeing a path to success is a trait that entrepreneurs possess. In spite of naysayers, the entrepreneur can set a path towards the vision that they have for their business.
4. Self-confidence.
To engage in a game where thousands of others have played, and determine that one will be the best player requires a level of self-confidence many athletes do not possess. The ones who use their self-confidence as a tool will enjoy a higher level of success.
An entrepreneur has the confidence that they will be able to succeed, and is more willing to take risks because of that self-confidence. They know that they are in a unique position to succeed, due to their confidence in their abilities.
5. Flexibility.
Playing a game professionally requires flexibility: weather conditions, playing arenas, field position, teammates, coaching staffs are all variables that can change without warning. Being able to remain flexible is imperative for the successful athlete.
The role of an entrepreneur demands flexibility. Being able to make changes, take on additional job responsibilities or move the business in a different direction is a key characteristic of a successful entrepreneur.
6. Rule-breaking.
While the rules of the game can’t be broken, the athlete must be willing to break the rules of society that try to discourage someone from reaching greatness. The athlete must be one who refuses to follow the set path towards mediocrity.
A willingness to break the rules is another important aspect of a successful entrepreneur. By defying conventional wisdom, the entrepreneur is able to create new technologies, processes and products that revolutionize the business world.
7.Tolerance for fear.
It can be overwhelming to train for years for the opportunity to perform at the highest level of athleticism. Competing in large scale arenas, against legendary athletes, may allow fear to cripple an athlete. The successful athlete, however, moves beyond the fear and still performs.
It can be frightening to assume the risk of starting a business, venture into an unknown field or ask for funding for a product that doesn’t yet exist. The entrepreneur must be able to move beyond the fear by harnessing it and using it as fuel.
Filled with Passion, Tenacity, Vision, and Self-Confidence iSeek Solutions began its entrepreneurial journey 14 years ago. Like an athlete, we’ve trained and honed our skills, and further developed our less obvious characteristics of Flexibility, Rule-breaking, and Tolerance for fear. We are a team of highly skilled management consultants with a broad range of industry knowledge and expertise. Our guidance, methodologies, tools, and know-how empower our clients to align, optimize, empower, and succeed in achieving their goals and objectives. We succeed when our clients succeed. Let us help your organization achieve greatness.
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